Business

Internet advertising agency DoubleClick has reported that its revenue dropped by nearly a third and that it posted a loss for the third quarter ended September 30th, saying that corporate spending cutbacks have pinched the company's business.

Most business-to-business (B2B) e-commerce technologies focus on automating the physical aspects of a company's fulfillment and order functions. However, the future success of B2B may lie in applications that hone in on the heart and soul of the Internet itself: the flow of information. For exam...

Web brokerage E*Trade said Wednesday that diversification efforts helped the company report an operating profit during the third quarter, despite a steep drop in online trading. E*Trade chairman and chief executive officer Christos Cotsakos said the profit came despite the five-day market shutd...

Internet portal Yahoo! on Wednesday reported a net loss of US$24.1 million, or 4 cents per share, for the third quarter ended September 30th. However, during a conference call following the release of its earnings report, Yahoo! chairman and chief executive officer Terry Semel said that the onlin...

In a move that underscores its desire to become a fixed-price e-tail force, eBay said it is stepping up plans to absorb its Half.com subsidiary. "We have always believed that our business and the success of the eBay community of users is best served by one seamless global brand," eBay spokespers...

U.S. businesses are more concerned about the impact that online security problems have on consumer confidence and trust in e-business, than about suffering an actual financial loss due to a security breach, according to a study released Wednesday by Internet measurement firm Jupiter Media Metrix....

Online advertising company DoubleClick said Thursday it has lowered the price it will pay for e-mail marketer MessageMedia, which it agreed in June to acquire. DoubleClick said it will issue 1 million common shares to buy MessageMedia, rather than the approximately 3 million a DoubleClick spokesp...

The e-commerce shakeout claimed two fresh victims Tuesday as Netcentives, an online rewards and targeted marketing firm, and HealthCentral, the parent of Vitamins.com and WebRx.com, filed for bankruptcy. San Francisco, California-based Netcentives said its Chapter 11 filing is part of a "financ...

File-transfer Web site MusicCity.com -- aka "Morpheus" -- is emerging as the most popular of the Napster-like sites that sprung up in the wake of the online music-swapping pioneer, according to a report released Wednesday by Jupiter Media Metrix. The number of Americans using file-swapping sites ...

Priceline.com, which in the past has gotten questionable results from investments outside the travel sector, announced Tuesday that it plans to exercise its option for a 49 percent equity stake in an online loan service co-founded by the company. In making the announcement, Priceline noted that P...

Twenty-two-year-old chief executives are hard to find at e-commerce trade shows these days. Now, launching a career at the apex of a corporation is about as rare as a dot-com going public. For strong-willed and well-trained graduates, however, there are still plenty of opportunities to break in...

On the eve of its closely watched third-quarter earnings announcement, Internet portal Yahoo! said Tuesday it has hired former publishing executive and DoubleClick co-founder Wenda Harris Millard to head its advertising sales division. Millard will take over as chief advertising sales officer an...

E-commerce software maker Commerce One late Monday lowered its outlook for the third quarter ended September 30th, saying "poor economic conditions" led to a loss for the period. Forrester Research analyst Jennifer Chew told the E-Commerce Times that Commerce One could eventually be bought out b...

Shopping.com To Close Shop

E-tail site Shopping.com will cease to exist as a standalone site on the AltaVista network because e-commerce shopping is "no longer part of [Alta Vista's] focus," AltaVista spokesperson David Emmanuel told the E-Commerce Times on Monday. "We are focusing on search functions for consumers and bu...

Internet brokerage E*Trade, online realty Homestore.com and software company i2 were among targets that came to mind when analysts were asked to pick their top e-commerce buyout candidates. With stock prices at bargain-basement levels, these and other dot-coms like them could make good partners f...

E-Commerce Times Channels